Micah first discovered Bitcoin in 2018 but remained a skeptic on the sidelines for too long. Since 2021, he has covered crypto and business and now works as a news reporter for Bitcoin Magazine, based in North Carolina.
American Bitcoin Corp. (Nasdaq: ABTC), a Trump family-linked mining company based in Miami, reported a $59 million fourth-quarter net loss after a 23% drop in bitcoin’s price triggered a $227 million non-cash mark-to-market charge
Morgan Stanley said at Strategy World that it plans to expand its digital asset offerings, including launching a native crypto custody and exchange solution.
Strategy (MSTR) surged on Wall Street after bitcoin’s rally, despite holding the largest short interest — about 14% of its $41.6 B market cap — among $25 B+ global equities.
The U.S. Treasury sanctioned a Russian network for buying stolen government cyber tools with crypto and reselling them, the first action under the Protecting American Intellectual Property Act.
Numo has launched a free, open-source Android tap-to-pay app powered by Cashu that lets merchants accept Bitcoin via NFC and Lightning with no extra hardware or platform fees.
Canaan (CAN) acquired Cipher Mining’s 49% stake in three West Texas mining projects for $39.75 million in shares, giving Cipher a significant equity stake in Canaan.
The Bitcoin price has continued its multi-week correction, dipping below critical psychological and technical levels as traders weigh economic pressures.